Shipping industry at risk from cyber attacks

Global shipping industry experts have said that the industry is increasingly at risk from cyber attacks, CNBC reported.

Ships are more reliant on a range of electronic devices to operate, thus jamming or disrupting global positioning systems creates significant problems.
"The added incentive for a hacker is that the shipping industry involves high value assets and the movement of valuable cargo on a daily basis," said an official. Another cause for concern is the fact that many shipping companies do not have cyber insurance.